Using the example of the University of Massachusetts at Amherst, discusses how the economic downturn is prompting states and university systems to offer faculty members big incentives to retire, raising questions about effects on the quality of teaching. Includes a sidebar on other prominent retirees. (EV)

Four steps to retirement planning, intended to demystify retirement investment, are offered for college faculty: (1) establish diversification goals; (2) urge their institutions to offer more investment options; (3) coordinate retirement investments with other investments; and (4) take steps to guarantee against inflation. Typical age-related…

Across the nation, schools increasingly are tapping into a vast resource pool--retired educators. The potential effects of the retirement boom--baby boomers reaching retirement age--have been well documented. An April 2009 "New York Times" article estimates that by 2013, more than one-third of the nation's 3.2 million teachers could…

This article presents an interview with Marion Frances Kaleleonalani McGregor Lee Loy who served as a teacher in the Hawai'i Department of Education from 1935 to 1974. Marion McGregor Lee Loy was born in 1911 in Honolulu. She attended Central Grammar and Lincoln Grammar schools before entering Kamehameha School for Girls in the ninth grade. Lee…

A study examined effects of early retirement plans (ERP) at Canadian Universities. In response to current conditions within Canadian universities and a Canadian Supreme Court decision upholding mandatory retirement requirements, many universities have sought to encourage faculty retirement through ERPs. In order to study the cost of such programs,…

Early retirement plans are perceived as being beneficial to school staff and financially advantageous to schools. Four out of the five assumptions on which these perceptions are based are incorrect. The one correct assumption is that early retirement will make affirmative action programs move ahead more rapidly. The incorrect assumptions are: (1)…

Full text of correspondence: President Van Alstyne of American Association of University Professors (AAUP) to the Secretary of Labor in support of equal monthly retirement benefits for men and women faculty and resulting correspondence between Van Alstyne and the Chairman of the Teachers Insurance and Annuity Association--College Retirement…

The extent, causes, and possible consequences of underfunded teacher pensions are examined. The analysis is divided into two separate studies. Essay I, "Appraising the Funding Status of Teacher Pensions: An Econometric Approach," examines the funding status of teacher pension plans for the 50 states and for selected localities for the…

This report relates the operations of the Manitoba Teachers' Retirement Allowances Fund for its fiscal year ended on December 31, 1982. A copy of the Provincial Auditor's Report on the Accounts is attached as well as the related financial statements. Included in the report are: (1) graphs displaying notable financial and statistical items; (2)…

This book presents the reactions and experiences in retirement of TIAA-CREF (Teachers Insurance and Annuity Association-College Retirement Equities Fund) annuitants. Chapters cover general attitude toward retirement, when to retire, where to live; financial status, problems, and advice; aging and health; activities during retirement; relations…

Over the period of 40 years public sentiment in this country in favor of provisions for the comfort and security of aged groups has had a steady growth. The sentiment in favor of provisions for the retirement of public-school teachers is now so general that it is often felt unnecessary to include any consideration of the social and economic…

Empirical evidence of tax shelter usage is sparse. These data add weight to earlier concerns about whether tax incentives to save for retirement benefit upper-income groups more than middle- and lower-income groups and present the importance of different sources of income in providing retirement funds for this group. (Author/RC)

Important considerations for institutions wanting to establish supplementary early retirement benefits to encourage the practice are outlined. Regulations concerning pension plans, tax-sheltered annuities, and deferred compensation are reviewed. Individually negotiated early retirement supplements are not recommended. (MSE)

Reviews the only Supreme Court decision (Massachusetts Board of Retirement vs Murgia) on mandatory retirement, two conflicting federal appellate decisions on mandatory retirement for teachers, and Kentucky's statutory scheme in light of these cases. Available from Kentucky Law Journal, University of Kentucky, Lexington, Kentucky 40506; sc $3.50.…